Profitability Analysis

It's no secret that improving your bottom line depends on measuring, monitoring and managing costs. Not just direct costs, which would be too easy, you also need to determine indirect and activity costs as well.

Profitability Planning key capabilities include

REAL-TIME INSIGHTS

Get the right information, at the right time, in the right format. CCH Tagetik provides real-time updates, alerts and notifications within the application, by email, or on your mobile device. Instantly assess trends, analyze changes and take action. Scorecards, dashboards, web reporting and ad hoc analytics: CCH Tagetik powers real-time agile planning.

VARIANCE ANALYSIS & REPORTING

CCH Tagetik automatically calculates and highlights variances - such as the difference between scenarios, plans, forecasts and actuals, vis-a-vis operational drivers including volume, price, cost, others. Not only does this reconcile operational and financial plans, but it provides greater insights into the drivers that impact profitability.

Business Driver Impact

Test financial and operational assumptions to understand the impacts of what-if scenarios on profitability. CCH Tagetik enables you to compare the results of your testing visually side-by-side in a single click and also see the impact of your tests on performance reports like the P&L, balance sheet and cash flow.

ACTIVITY BASED COSTING

When it comes to determining true profitability, you need to be able to see the ins and outs of your activities and how they impact your margins. CCH Tagetik allows you to allocate direct and indirect activity based costs, while drilling down to activity, product, project, customer and service level. Keeping a pulse on margins, the profitability of activities, and the resources you attribute to them has never been easier.

BUSINESS & OPERATIONAL MODELING

Test financial and operational assumptions to understand the impacts of what-if scenarios on profitability. While you can compare results of your testing visually side-by-side, in a single click, you can also see the impact on performance reports like the P&L, balance sheet and cash flow.

CUSTOMER-LEVEL REPORTING

With granular-level profitability analysis and reporting, it's easy to discover which customers, accounts or portfolios are meeting performance expectations and which are not. Play scenarios to understand the business drivers that impact customer profitability and make better, more informed, data-based decisions to improve outcomes.

CCH Tagetik's profitability planning Software is trusted by leading companies across all industries

THE BANKING CFO: HOW PROFITABILITY ANALYSIS POWERS BANKS

Understanding profitability down to the branch, product unit and instrument level gives banks the ability to make better business decisions. To gain real value it is important to understand profitability as part of the month-end close process, so you can then plan at the same level in the budget and forecasting process going forward.